Many young people should buy a home which is more reasonable than renting out an apartment, especially here in Nairobi. This in many cases, is aimed towards financial gain and change in lifestyle. We believe that there are more
reasons towards becoming a homeowner, even as a young person. Here are some reasons why.
Have a home in a good community.
A community in its simplest form is a group of people with something in common. This shared factor
could be family, geography, faith, race, or life stage. Communities enrich the lives of their members.
They bring in a shared sense of trust, connection, and caring for one another. Divisive to say that once a
home’s value is tied to a particular community, then stakes fly higher.
Privacy and security.
Home Security is essential to ensure that your home is secure from any potential intruders. This may
have a very slim chance of happening, but it’s always better safe than sorry. Security in a home
guarantees ample access and constant comfort.
Appeal and aesthetics.
Aesthetics in a home enhance the beauty, functionality, and style of a property with the intent of
making it instantly more appealing to guests and visitors. When a property looks good, people easily
picture themselves living there. Additionally, it allows you to even grow a family or even host friends and
Have control over a living space.
As a renter, it is basically impossible to build equity on the rented property. It can also be a challenge
to make any changes to your house or your apartment without your landlord’s approval. Many houses
available for rent have a “No Pets” policy. So if you’re an animal lover, finding a place to rent that allows
pets can be hectic. Owning a home gives the freedom to make all these choices.
Flexible futuristic decision-making.
Owning a home allows comes with a variety of options. One can renovate the property, makes
improvements, increase its value, and then sell it for a profit exceeding the upfront costs. REITs also pay
out dividends like other stocks and offer the unique opportunity to invest in properties that have a high
barrier to entry such as malls, office buildings, and other commercial properties.
If you are looking to buy a home, contact Alif Homes today. We will help you obtain a home that works
best for you.